Decision to unbundle SOEs wasting trillion of rupees annually laudable: Shahid Rasheed.

Former President Islamabad Chamber of Commerce and Industry (ICCI) Shahid Rasheed Butt on Monday lauded the decision of the Prime Minister Imran Khan to downsize state-runenterprises wasting trillions of rupees annually. In a statement issued here, he around 4500 employees of the Pakistan Steel Mills (PSM) have been terminated which will reduce salary burden by 50 percent to Rs170 million. Shahid Rasheed said that the remaining staff of the steel mills should also be terminated as the unit is closed since 2015 but...

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